Is it affordable to rent it out?
Will there be any sudden vacancies and how do we handle that financially?
We do have an HOA as well. Is that included in part of what we would charge for rent, or how do we go about handling that part of it?
How is the rental rate determined?
What is your experience, or how do you deal with tenants who don’t pay rent?
Our rate of non payment right now is just 2% of our residents are behind on this month’s rent. And of those 2% residents, 75% of those were not placed by our company, meaning they didn’t go through our screening criteria. They were inherited from other property managers or from other landlords that we’ve simply just onboarded into our system. If we have to evict someone, we will follow the correct process, but it’s always a last resort.
How quickly usually can a maintenance request be handled?
Do you have any preference regarding the different areas you manage?